When looking at the spreadsheet of October certified pre-owned results provided by Autodata Corp., one thing that’s noticeable is the wealth of double-digit-percentage increases in the column comparing individual brands’ sales against year-ago results. In fact, all but three of the 12 domestic brands listed in the firm’s data set showed double-digit improvement in CPO […] [Read More]

After September saw the percentage of near-term intenders planning to purchase or lease a new car within the next three months fall slightly, levels remained more “stable” this past month. According to data provided by Phoenix Marketing’s October Auto Insights report, the percentage of near-term intenders in the market for a new car now sits […] [Read More]

Though their respective market shares were down from a year ago, it was another banner month for import brands in the certified pre-owned market. CPO sales for European brands climbed 14 percent year-over-year in October, according to Autodata Corp., whose data indicates that Asian brands saw about the same level of increase (up 13.8 percent). […] [Read More]

The Big 3 increased their share of the certified pre-owned market by nearly 4 percentage points in October, as their CPO sales climbed more than 35 percent year-over-year and edged the year-to-date sum closer to 600,000 units. That’s according to Autodata Corp., which shared a brand-by-brand breakdown of certified sales data as well as industry-wide […] [Read More]

If your used inventory has several Civics, Accords, Camrys or Corollas, your store has exactly the kind of models shoppers at KBB.com most often searched for last month. Kelley Blue Book listed the Top 25 most-researched used vehicles on its website in October, and this quartet of Japanese vehicles led the way yet again. After […] [Read More]

American Honda and Honda Canada said they are recalling more than 360,000 minivans in the U.S. and Canada to correct a software error associated with the vehicle stability assist (VSA) system. Included in the recall are 344,000 Odyssey vehicles in the U.S. and approximately 24,600 Odyssey vehicles in Canada. For both countries, the recall covers […] [Read More]

AutoNation Inc. on Monday announced its total retail new vehicle unit sales for October 2013, noting a year-over-year increase of 9 percent, and the highest October total retail new vehicle unit sales since 2007. The sales number was 22,914, an increase of 9 percent as compared to October 2012. Same-store retail new vehicle unit sales […] [Read More]

<p>Although October&rsquo;s certified pre-owned selling rate continued a recent slowdown from the record pace seen earlier this year, CPO sales last month still beat year-ago levels by more than 20 percent and put the year-to-date sum at 1.76 million units, according to Autodata Corp.<br /> <br /> Overall, there were 177,820 certified sales last month. […] [Read More]

As the industry appeared to regroup after last month’s federal government shutdown threw a wrench into the mix, CNW Research reported that October’s used-vehicle retail sales total rose above some analysts’ projections. CNW said October’s tally came in at 3.152 million units, representing a combination of sales at franchised and independent dealerships as well as […] [Read More]

In the latest online video in his series, “Hard Facts with Dennis Galbraith,” the chief marketing officer of Potratz Advertising discussed the two objectives vehicle descriptions need to accomplish so stores can move more metal. Galbraith emphasized how “Selling With Text” can push potential buyers to take one of four steps that move them one […] [Read More]